Continuing Obligations (Holdover) — Equipment Lease


This AI field captures a lessee’s obligation to continue paying rent should they fail to return the leased property when required, or in the condition required, under the terms of a lease, and the circumstances in which a lessee’s obligations under the lease may continue automatically unless the lessee notifies lessor of its intent to terminate the lease.


  • Canada
  • United Kingdom
  • United States (California, Illinois, Massachusetts, New York, and Texas)

Document Types

  • 78% Equipment-Related Agt
  • 15% Real Estate Agt
  • 4% Other
  • 3% Service Agt


  • Bankruptcy/Recession Planning — Equipment Leases
  • Lease Accounting (Equipment)


  • 100% English